Out Fox The $treet

Monster Worldwide (MWW) closed up 19% on Friday due to more speculation on a buyout. According to a Reuters report, LinkedIn (LNKD) and private equity firm Silver Lake Partners were amongst numerous parties that expressed interest. Investors would be wise to not pay up on such a spike in the stock price. Monster placed itself on the auction block back at the end of February so such news shouldn't be a big surprise. Over the last three months just about every buyout related spike has led to cheaper buying opportunities within the next few days. Even more credulous about today's news was the speculation that LinkedIn would be interested in the company. Why in the world would a fast growing stock want to be bogged down by a deal with Monster? Read the full article at Seeking Alpha. Disclosure: Long MWW. Please review the disclaimer page for more details. 

As we wrote back on Monday, the official announcement of Monster Worldwide (MWW) hiring an advisor was a promising sign. The CEO had mentioned on the 1st that the stock was too cheap and that the company would seek a strategic deal to enhance shareholder value. Then on the 2nd, Oppenheimer questioned the true seriousness of a deal causing the stock to sell off. Not too surprising to see some doubters as Monster is always rumored as a buyout candidate. A rumor that so far has not come true. This time though appears different. Monster has actually acknowledged the interest and followed through with the hiring of an advisor. Possibly suggesting that some of the rumors in the past came from executives unhappy with the stock price and contemplating a deal. Read the full article at Seeking Alpha. Disclosure: Long MWW. Read the disclaimer page for more details.